South Korean Market Share Lags Behind EV Battery Market Growth

South Korean-based battery manufacturers have seen their market share dip despite an overall global market growth for electric vehicle batteries throughout the first half.

Bisnis, JAKARTA — The global electric vehicle (EV) battery market has grown by 22.3 percent year-on-year (yoy) throughout the first half of 2024, reaching an estimated capacity of 364.6 GWh.

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